Q4 2024 Earnings Call Transcript January 28, 2025 General Motors Company beats earnings expectations. Reported EPS is $1.92, expectations were $1.75. Operator: Good morning, and welcome to the General ...

Importantly, we believe SGM has the resources to complete its restructuring without additional capital from GM. As you know, we also stopped funding robotaxi ... stunning new interior, our high ...

Importantly, we believe SGM has the resources to complete its restructuring without additional capital from GM. As you know, we also stopped funding robotaxi development ... its refined exterior and ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would ...

General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to personal self-driving vehicle development. The move follows the ...

General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...

General Motors Co. is cutting almost half of the workforce ... part of a previously announced plan to halt robotaxi service and absorb the operations into its broader business.

The move to gut the staff punctuates GM’s rapid retreat from the robotaxi business and strategic shift on self-driving cars. As recently as late 2024, the company had been planning to take the ...

General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut down the segment in December. The layoffs comes nearly ...